The industry's dependence on consumer spending habits makes it sensitive to overall economic trends, particularly in the markets that purchase miscellaneous plastic products. During the recession, consumers had less disposable income and were unlikely to make purchases of durable goods, especially big-ticket items such as automobiles, reducing demand from downstream markets. However, in the five years to 2019, the Plastic Products Miscellaneous Manufacturing industry will recover. As business confidence improves in the overall economy, the industry is expected to perform well, due to the wide variety of downstream industries that use plastic products.
This industry comprises companies that manufacture a range of plastic products, including housewares, building materials, motor vehicle parts, resilient floor coverings and appliance parts. This industry excludes plastic film, sheets, bags, profile shapes, pipes, pipe fittings, laminates, foam products and bottles.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.